92 Langshaw StreetNew Farm QLD 4005
Property Details for 92 Langshaw St, New Farm
92 Langshaw St, New Farm is a 9 bedroom, 4 bathroom Unit with 3 parking spaces. The property has a land size of 1027m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 9 bedroom Unit sold in New Farm in the last 12 months.
Last Listing description (May 2024)
*Information Memorandum Available on request*
Discover the potential of 92 and 82 Langshaw St nestled in one of New Farm's most coveted streets. This offering presents an extraordinary chance for either an incredible renovation or a strategic redevelopment venture. Boasting a total of 970 m2 (approx.) of prime real estate, the property's rear lane opens up additional development options, allowing you to bring your vision to life. Build your dream home or explore the possibility of subdivision, creating an additional residence at the rear with separate access (STCA).
Currently configured as a block of four Units, this property offers:
Unit 1 - 3 bed, 1 bath, 1 car - leased at $550 per week on a periodic basis
Unit 2 - 2 bed, 1 bath, 1 car - leased at $360 per week on a periodic basis
Unit 3 - 2 bed, 1 bath, 1 car - leased at $360 per week on a periodic basis
Unit 4 - 2 bed, 1 bath - leased at $380 per week on a periodic basis
Total Rental Income: $1,650 per week
Unlock the potential to refurbish and enhance yields or embark on a visionary redevelopment project. The existing configuration offers a total of 9 bedrooms, 4 bathrooms, and parking for 3 cars.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 92 Langshaw St, New Farm, QLD 4005
- 20 Jan 2024Sold for $3,100,000
- 08 Dec 2023Listed for Sale Offers over $3,300,000
- 26 Jun 2015Listed for Rent - Price not available
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About New Farm 4005
The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of New Farm in 2011 was 11,330 people. By 2016 the population was 12,536 showing a population growth of 10.6% in the area during that time. The predominant age group in New Farm is 20-29 years. Households in New Farm are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in New Farm work in a professional occupation. In 2011, 40.5% of the homes in New Farm were owner-occupied compared with 39.7% in 2016.
New Farm has 7,918 properties. Over the last 5 years, Houses in New Farm have seen a 84.06% increase in median value, while Units have seen a 64.44% increase. As at 31 August 2024:
- The median value for Houses in New Farm is $2,787,119 while the median value for Units is $999,075.
- Houses have a median rent of $795 while Units have a median rent of $600.
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